Cyclical automatic re-enrolment – what you need to know08 February 2016 Back to results
As part of the pension reforms, employers must ensure their workers continue to consider how they’re saving for the future, and to periodically put eligible jobholders who aren’t already part of an automatic enrolment pension scheme, back into pension saving. This is known as ‘cyclical automatic re-enrolment’.
Employers must undertake cyclical automatic re-enrolment duties roughly every three years after their staging date.
How is it different from automatic enrolment?
Cyclical re-enrolment is broadly a repeat of the process the employer carried out during automatic enrolment. However there are some key differences:
- re-enrolment only applies to workers who are eligible jobholders at the cyclical auto re-enrolment date and who are not already active members of a qualifying scheme at that date;
- postponement cannot be applied at re-enrolment; and
- in each cycle there’s only one re-enrolment date per employer, which means they can’t choose different dates for different categories of worker.
How are we supporting employers?
We’re contacting employers by email, starting in December 2015, to let them know about the actions they need to take in preparation for re-enrolment and providing guidance about the more detailed aspects of the process.
For detailed guidance from the Pensions Regulator on cyclical automatic re-enrolment, visit http://www.thepensionsregulator.gov.uk/re-enrolment(Opens new window)
For Aegon Retirement Choices (ARC) schemes, call us on 0345 608 1680 and select option 3
For all other schemes, call us on 0131 549 3000